9
Philotechnia requires every high school graduate to be computer literate because so many workplaces are using different forms of
information technologies. How is the aggregate demand aggregate supply model affected? Demonstrate the effect by shifting the
appropriate curve or curves.

9 Philotechnia requires every high school graduate to be computer literate because so many workplaces are using different forms of information technologies How class=

Respuesta :

The effect of the Philotechnia policy of requiring every high school graduate to become computer literate is that the short-run and long-run shift right.

What do a short-run and long-run shift to the right imply?

A rightward shift of the short-run and long-run curves means that there is increased investment in labor education.

The long-run aggregate supply curve (LRAS) depends on all the factors of production, including:

  • Workforce
  • Capital stock
  • Education levels
  • Labour productivity.

Thus, the effect of the Philotechnia policy of requiring every high school graduate to become computer literate is that the short-run and long-run shift right.

Learn more about the aggregate demand aggregate supply model at https://brainly.com/question/8650679

ACCESS MORE
EDU ACCESS